Are you going to leave your kids the house?

[El Cid]

Families are very fragmented these days, just wondered what people intended to do with their estate.

I think being born with a silver spoon is detrimental, but is this just the super wealthy?

I see my daughters grandad most weeks, his son may help him out once a week/fortnight, his daughter just looks after herself, and a grand-daughter that they brought up moved to London.

I think some charities are more deserving, is leaving money done on tradition, entitlement.

[geared]

Future generations are going to need a 'leg-up' especially if they want to get on the housing ladder.

Property is becoming increasingly un-affordable for many, much worse so down south where even a tiny place costs a fortune.

[Hogg]

I don't see why anyone would want their children to be on the wrong side of the own/rent divide - which will determine their quality of life more than most other factors.

[Chelle-82]

Yes i will leave everything to my daughter.. Why wouldn't i?

[pacifica]

Families are very fragmented these days, just wondered what people intended to do with their estate.

I think being born with a silver spoon is detrimental, but is this just the super wealthy?

I see my daughters grandad most weeks, his son may help him out once a week/fortnight, his daughter just looks after herself, and a grand-daughter that they brought up moved to London.

I think some charities are more deserving, is leaving money done on tradition, entitlement.

 

We work hard to give our kids the best we can. I'm struggling with why that wouldn't extend to leaving them your goods. If you could guarantee still having £500,000 left when you pop off you might as well have sent them to Eton and died supping your last bottle of brown ale.

[Cyclone]

Families are very fragmented these days, just wondered what people intended to do with their estate.

I think being born with a silver spoon is detrimental, but is this just the super wealthy?

I see my daughters grandad most weeks, his son may help him out once a week/fortnight, his daughter just looks after herself, and a grand-daughter that they brought up moved to London.

I think some charities are more deserving, is leaving money done on tradition, entitlement.

 

Do you mean your father-in-law?

[medusa]

I don't have any children to whom I can leave the house. At present my will leaves my house to my niece and nephew, with provision that my OH is allowed to live in it rent free through his lifetime (assuming he survives me), but I may be left with no choice but to free up the equity in it for living costs during my lifetime instead. I haven't been able to save much for my retirement as I have spent so long being ill and living on disability benefits.

 

If there is sufficient equity left I will probably leave some to some of the charities in which I believe, but I don't hold out much hope of that happening as my income is so little and I'm unlikely to inherit anything of monetary value from any family members.

[El Cid]

Do you mean your father-in-law?

 

I am divorced, so I am not sure what the correct term would be

[Harrystottle]

Yes, we will leave the house to the kids, assuming we don't fall ill and lose it all to care home fees.

[El Cid]

Yes, we will leave the house to the kids, assuming we don't fall ill and lose it all to care home fees.

 

Yes, there are other factors too.

 

What if one or both of your children already has their own house; maybe someone else needs it more?